fund accounting
DefinitionA system of accounting used primarily by non-profit or government organizations. For these and other similar organizations, it is more important for them to keep a record of how their money was spent, rather than how it was earned, unlike corporations. Their accounting records take the form of a collection of funds, each fund having a distinct purpose, ranging from operating expenses to funding the various activities of the organization.
This content can be found on the following page:
fund accounting is ...
... part of the Accounting subject.
... part of the Accounting subject.
Loading...
Featured Sponsor
| |
Get our content on your iGoogle page
RSS